Retrenchment

The family faced retrenchment after the breadwinner lost their job.

The organization had to undergo retrenchment to survive the financial crisis.

The university had to make retrenchment decisions to manage their declining enrollment.

The airline industry experienced retrenchment as travel demand decreased during the pandemic.

The company's retrenchment plan included laying off a significant number of employees.

The retrenchment of certain departments led to a more streamlined workflow.

The retrenchment strategy implemented by the airline involved reducing flight routes.

The retrenchment of expenses resulted in the closure of several retail stores.

The retrenchment measures adopted by the government aimed to reduce the national deficit.

The company's retrenchment policy involved cutting down on unnecessary expenditures.

The retrenchment process was necessary to settle the debtor's obligations.

The organization implemented retrenchment measures to avoid bankruptcy.

The CEO announced a retrenchment plan to save the company from financial crisis.

The company underwent retrenchment to increase its profit margins.

The board of directors approved a retrenchment strategy to improve the company's bottom line.